Title: The California technology economy: surfing the waves

Authors: Aaron Tremaine, Kathryn Atchison, Christian Behrenbruch

Addresses: University of California, Los Angeles, 570 Westwood Plaza, Building 114, Los Angeles, CA 90095-7227, USA. ' University of California, Los Angeles, OIP-ISR, Box 951405, 2248-Murphy Hall, Los Angeles, CA 90095-722, USA. ' University of California, Los Angeles, Medical & Molecular Pharmacology, David Geffen School of Medicine, 570 Westwood Plaza, Los Angeles, CA 9009, USA

Abstract: Recent reports debate California|s continued prosperity and suggest that California may be losing its economic leadership. Within California|s economy, universities were instrumental in educating a workforce, creating industrial partnerships, and also transferring technology to the public. To continue, California needs to align the traditional concepts of industrial recruitment and labour management policy with the entrepreneurially-driven economic policies that have shaped its longstanding prosperity. California|s business climate measured by several metrics is generally viewed as inhospitable; however, evidence suggests that state policy assisted the formation of several strong economic clusters around California|s research universities that shaped the state|s prosperity.

Keywords: economic policy; biotech; invention; patents; licensing; economy; clusters; innovation; university-industry cooperation; technology transfer; California; USA; United States; industrial recruitment; labour management; entrepreneurship; research universities; healthcare; industry-academia partnerships; cluster formation; industrial collaboration.

DOI: 10.1504/IJHTM.2010.036010

International Journal of Healthcare Technology and Management, 2010 Vol.11 No.4, pp.241 - 262

Published online: 12 Oct 2010 *

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